Susquehanna Maintains Positive on Analog Devices, Lowers Price Target to $215
Portfolio Pulse from richadhand@benzinga.com
Susquehanna analyst Christopher Rolland has maintained a positive rating on Analog Devices (NASDAQ:ADI) but lowered the price target from $225 to $215.

August 24, 2023 | 2:56 pm
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Analog Devices' price target has been lowered from $225 to $215 by Susquehanna, though the firm maintains a positive rating on the stock.
While the lowering of the price target might initially seem negative, the continued positive rating from Susquehanna indicates that the firm still sees value in the stock. This could lead to a neutral short-term impact on the stock price.
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